Articles

  • 1 month ago | mckinsey.com | Sven Smit |Shubham Singhal |Olivia White |Ezra Greenberg

    Amid tariff uncertainty and a possible recession, the world needs a new base of balance and trust to create a thriving economy. Business has a vital role to play. A global system of full economic integration—the aspiration of decades of negotiations and the worldwide underpinning of corporate strategy—has never been fully realized. The latest round of global trade talks sputtered to an inconclusive end in the early 2010s.

  • Mar 28, 2025 | mckinsey.com | Sven Smit

    In this regularly updated survey research from McKinsey, we look at company performance expectations from executives in different industries.

  • Feb 26, 2025 | mckinsey.com | Anu Madgavkar |Kweilin Ellingrud |Sven Smit |Chris Bradley

    Diverging work experience patterns drive a “work-experience pay gap” that makes up nearly 80 percent of the total gender pay gap, equal to 27 cents on the dollar among US professional workers. Women tend to build less human capital through work experience than men who start in the same occupations, as seen in the tens of thousands of career trajectories we analyze. Over a 30-year career, the gender pay gap averages out to approximately half a million dollars in lost earnings per woman.

  • Feb 7, 2025 | mckinsey.com | Jeongmin Seong |Olivia White |Michael Birshan |Sven Smit

    Trade reconfiguration continues along geopolitical lines, this update with 2024 data shows. Trade relationships are continuing to reconfigure, and changing geopolitics is a major reason. The United States has continued to shift trade away from China and toward other economies such as Mexico and Vietnam. In some cases, this is due to these economies forming an intermediate step in trade flows between China and the United States.

  • Jan 27, 2025 | mckinsey.com | Jeongmin Seong |Olivia White |Michael Birshan |Sven Smit

    Trade reconfiguration continues along geopolitical lines. Trade relationships are continuing to reconfigure, and changing geopolitics is a major reason. The United States has continued to shift trade away from China and toward other economies such as Mexico and Vietnam. In some cases, this is due to these economies forming an intermediate step in trade flows between China and the United States.

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